$399,900

For sale

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#2505 3525 Kariya Drive, Mississauga (Fairview) - Single Family for Sale

#2505 3525 Kariya Drive, Mississauga (Fairview), Ontario, L5B6C2

1 bed1 bath1 parking ft²

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Investment analysis

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$399,900

Mississauga

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Overview

This 1-bedroom, 1-bathroom condo in Mississauga is for sale offering roughly 550 sq ft of space. Listed at $399,900, it is attractively priced about 27% below the $549,999 median asking price in Mississauga. It has been on the market 20 days, fresher than the Mississauga average of 79 days.

Condos for Sale in Mississauga →All real estate in Mississauga →

Description

Stunning unobstructed city views with Lake Ontario on the horizon from the 25th floor! Freshly painted doors, walls trim and ceilings, move-in-ready 1 bed 1 bath steps to Square One with floor-to-ceiling windows, 9' flat ceilings, espresso hardwood, custom roller shades and upgraded light fixtures. Full kitchen w/ granite counters, S/S appliances, breakfast bar. Ensuite laundry, 1 underground parking, locker. Pool, sauna, gym, media & games rooms, 24-hr security. Low maintenance fees. Steps to Square One, transit, Hwy 403/QEW. (id:66096)

Property Details

MLS®: W14085384
Property Type: Single Family
Zoning: 2 Hours Notice For Showings
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 550 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $474/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,795.9/yr
Listed: 20 days ago

Market Timing

Days on market

20d

Mississauga (Fairview) listings, avg age

79d

Price / ft²

$728

List price

$400K

Homes here sell faster than most markets

Sold homes in this market spent an average of 34 days on the market over the past year, against a median of 48 days across the markets we publish.

Area context

Neighbourhood profile (L5B)

This home lists at $399,900, about 5.1× the local median household income of $79,000.

Carrying it typically needs a household income of about $78,114 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $79,000
Population: 67,131
Median age: 37.2
Owner / renter: 55% / 45%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA L5B)

$399,900· $728/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,995

Min 5%50%

Mortgage payment$2,106/mo

↳ CMHC premium ($15,196 capitalized)

Property tax (est.)$233/mo

Condo fee$474/mo

Total monthly$2,814

Cash Needed to Close

Down payment (5%)$19,995

Land transfer tax$4,474

Est. closing costs$3,700

Total cash needed$28,169

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

#2505 3525 Kariya Drive, Mississauga (Fairview) - Single Family for Sale

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Neighbourhood profile (L5B)

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